U.S. decision to label China currency manipulator totally wrong: PBOC

BEIJING, Aug. 6 (Xinhua) -- U.S. Treasury's decision to label China "a currency manipulator" is totally wrong, a deputy central bank governor said Tuesday.

The label not only violates the common sense of economics and international consensus, but fails to meet the quantitative criteria for the so-called "currency manipulator" set by the U.S. Department of the Treasury, said Chen Yulu, deputy governor of the People's Bank of China (PBOC).